Actuarial Analyst

Wellbe Senior Medical • Chicago, IL

6h • Hybrid

About The Position

WellBe Senior Medical is a physician-led, risk-bearing healthcare organization delivering high-quality in-home care to frail, elderly Medicare Advantage patients. As an Actuarial Analyst, you will support the growth of our actuarial function by evaluating, modeling, and valuing new business opportunities, providing insights that directly influence strategic expansion and value-based contracting. This role offers significant technical development and long-term growth opportunities for professionals passionate about healthcare actuarial analysis.

Requirements

• Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or related field
• Passed at least 2 actuarial exams and pursuing actuarial credentials
• Minimum 1 actuarial internship or 1 year of actuarial experience; 1–3 years preferred
• Analytical and detail-oriented
• Collaborative and team-oriented
• Strong interest in mastering complex actuarial concepts
• Persistent, disciplined, and able to communicate clearly
• Proficiency or willingness to learn Excel, SQL, and Python
• Ability to lift up to 20 lbs.
• Ability to stand/sit for extended periods
• Visual acuity and fine motor skills

Responsibilities

• Support new business valuation, including:
• Extracting, cleaning, and validating large-scale medical claims, eligibility, and revenue datasets using SQL & Python
• Performing experience analyses (utilization, cost trends, risk adjustment, revenue adequacy)
• Developing financial projection models to forecast contract-level performance under varying scenarios
• Assist in monthly financial reporting and presentations for leadership decision-making
• Develop and maintain IBNR models for accurate financial reporting
• Support underwriting and clinical intervention analyses, using statistical modeling and machine learning to project future revenue improvements

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level